Recent content by loogling

If you have entertaining trading stories, I don't mind paying for your beers while you babble. Good luck to your 2012 trading.

Don, I looked at your fees link: (Over 100K/month): All shares: .005 with .0025 for shares above 1,000 (Above 500K/month): All shares .004 with .0025 for shares above 1,000 (Above 5 million/month): All shares flat .0025 Over 10 Million - Call for rates Although you may not remember...

Hey Maverick74, what about the option of switching to another Chicago futures firm that doesn't have the problem at its core? Will you still trade futures or mainly stocks and some options from this point? I'm thinking of venturing into futures, but you're doing the opposite. It would be...

Which firm would that be?

d08 notified me in PM. Thanks again anyhow for the information. Foolish me. (I'm not an IB customer and have looked at TWS just once, but only briefly. Other profitable traders, i.e. garachen and rallymode, also used IB for futures. Maybe there's something attractive there. But that's a topic...

Surdo, do you have some stories or advice, regarding institutional buying/selling and marketmaking, that can be useful to retail traders?

Sterling is a popular platform for many equity prop shops (google "sterling trader"). Not necessary the best platform out there, especially when compared to what institutional traders use (i.e. Lime, RediPlus, Iress, etc.). Let's not get too far off-topic of Trade P/L.

More margin isn't going to help if the trader is not profitable. How did you get past the wash sale rule? Buys and sells at the same time is an issue that can be solved in retail. One main difference is probably the order routes/types. But is this what really tips the scale toward the 5%...

In stocks trading, it seems Sterling Pro platform, for example, is available only for prop. (The retail guys use other platforms like IB's TWS, TD's ThinkOrSwim, Etrade Pro, etc.) I understand you trade futures. I was just wondering what kind of platform has that type of screenshot (or what...

Which platform are you using? Seems like a few people here have similar screenshot? Are you with a prop with 100% payout?

I'm not stocks777. I'll agree along the line that in order to change, a trader first needs to admit his flaws. There are successful traders here imo who rarely post. I am not successful, but I'm thankful that I'm making money. PS: I'm not an HFT guy, but maybe a hyper active retail guy...

If I understand correctly, based on the past posts, you (MarkBrown) and WinstonTJ are HFT guys. IMO it's like a car race where you are driving a Ferrari while the less fortunate are driving Hyundai. Most of the time you can win because of your speed and technology. But in terms of driving skill...

May 7-9th are all weekdays. The opportunity cost of missing those three days is higher than the training fee. I'm sorry I can't make it. For your top guys who will show up at the training, wouldn't their opportunity costs be very big? Unless they're fully automated, I guess they will have to...

At those points or areas (support and resistance), either the levels hold or breakouts occur. (A lot of money can be made on breakouts.) What's important isn't the level itself but how price reacts, and how orders are executed, at that level. Have on open mind for either outcome. Like eft said...

Re: Successful Trader A poster named garachen used to throw out some numbers... Making enough to cover expenses and build capital may not sound so successful if 5K a month would do it. In sports, a successful athlete would be someone who plays in the big league and receives big league...